• 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC
  • 9590 McCarthy Road, Kelowna, BC floorplan

85,297 ft²
Industrial
$13,500,000
Sale


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Introducing a rare opportunity to acquire a purpose-built cannabis production facility with institutional-grade infrastructure and a 20-year lease in place. Positioned to deliver stable, long-term returns, this 85,297 SF investment-grade asset sits on a 1.95-acre site in North Kelowna's Beaver Lake Road Industrial Park. With an estimated $40 million replacement value and a strong tenant covenant, the property offers both predictable income and strategic long-term upside. Originally owned and licensed by the current landlord, the facility was substantially upgraded by the tenant and LP holder - FLWR Cannabis/Avant Cannabis - who invested heavily in state-of-the-art cannabis end-to-end production infrastructure and one-of-a-kind custom facility. Those familiar with the cannabis industry will recognize the specialized infrastructure and long-term value of securing a fully built-out, license-ready facility, providing confidence over future operational capacity or potential for leasing to subsequent operators. At the same time, institutional investors will see the benefit from stable income secured by a 20-year lease, strong tenant covenant, and high-quality infrastructure, creating a rare chance to acquire a fully improved asset in a market with rising replacement costs and limited supply. Strategically located with seamless access to Highway 97, the site offers excellent connectivity to Kelowna Airport, Vancouver’s Lower Mainland, US border crossings and supports efficient distribution across Western Canada. This is a turnkey investment opportunity in one of British Columbia’s fastest-growing industrial markets. Whether acquired as a premium cash-flowing investment or as a long-term strategic hold for industry expansion, this is a rare opportunity to control one of the most advanced cannabis production assets in Canada.


The Space
Asking Price$13,500,000
Available Space85,297 ft²
Property UseIndustrial
SourceDirect

The Building

Introducing a rare opportunity to acquire a purpose-built cannabis production facility with institutional-grade infrastructure and a 20-year lease in place. Positioned to deliver stable, long-term returns, this 85,297 SF investment-grade asset sits on a 1.95-acre site in North Kelowna's Beaver Lake Road Industrial Park. With an estimated $40 million replacement value and a strong tenant covenant, the property offers both predictable income and strategic long-term upside. Originally owned and licensed by the current landlord, the facility was substantially upgraded by the tenant and LP holder - FLWR Cannabis/Avant Cannabis - who invested heavily in state-of-the-art cannabis end-to-end production infrastructure and one-of-a-kind custom facility. Those familiar with the cannabis industry will recognize the specialized infrastructure and long-term value of securing a fully built-out, license-ready facility, providing confidence over future operational capacity or potential for leasing to subsequent operators. At the same time, institutional investors will see the benefit from stable income secured by a 20-year lease, strong tenant covenant, and high-quality infrastructure, creating a rare chance to acquire a fully improved asset in a market with rising replacement costs and limited supply. Strategically located with seamless access to Highway 97, the site offers excellent connectivity to Kelowna Airport, Vancouver’s Lower Mainland, US border crossings and supports efficient distribution across Western Canada. This is a turnkey investment opportunity in one of British Columbia’s fastest-growing industrial markets. Whether acquired as a premium cash-flowing investment or as a long-term strategic hold for industry expansion, this is a rare opportunity to control one of the most advanced cannabis production assets in Canada.

Property TypeIndustrial
Building Size85,297 ft²
Lot Size1.95 AC
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